Fiber Cement Siding Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

Report Code: CMR 35262 Report Format: PDF + Excel (Delivery in 48 Hrs)

Overview

Fiber Cement Siding Market size is forecasted to reach $2.1 billion by 2025, after growing at a CAGR of 5.6% during the forecast period from 2020-2025. Increasing construction spending especially in new building construction and growing urbanization are the prime factors supporting the demand of fiber cement siding market. Single-family housing begins to move rapidly and fiber cement siding is the most common fiber cement product which continues to gain market share.

Fiber cement siding takes on the look of wood or masonry but has concrete toughness because it contains a mixture of water, wood pulp, fly ash or silica sand, and Portland cement consisting of calcareous, clay, and iron. Each fiber cement siding part joins together to create a product that is durable, but flexible.

Report Coverage

The report: “Fiber Cement Siding Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fiber Cement Siding Industry.


Key Takeaways

  • Europe region dominates the fiber cement market owing to increasing advancements in construction industry, new building construction, and adoption of green building norms.
  • Various governments are setting target for green building construction especially in US and Europe, will further enhance the overall demand of the market.
  • Replacement of wood siding with fiber cement siding due to its aesthetic appearance, high durability, low maintenance, and affordability nature, is likely to aid in the market growth of fiber cement siding.
  • Increasing adoption of sustainable and environment friendly products, implementation of green building norms will increase the market demand for fiber cement siding in the near future.

Type - Segment Analysis

Shingle fiber cement siding segment is expected to be the largest type in the fiber cement siding market in 2019 due to its properties such as aesthetic appearance, easy installation, and availability in a variety of shapes and sizes.

End-User - Segment Analysis

Residential segment has been the primary market for fiber cement siding for many years and is expected to grow with a CAGR of 5.9% over the forecast period. Due to increase in the construction spending especially new residential home construction, adoption green building initiatives in many developed countries, advancements in residential construction industry, and replacement of conventional materials with fiber cement siding, the consumption of fiber cement siding has always been considerably high in residential end user in comparison to other end user. Growing public and private investments in new residential construction will boost the market for fiber cement siding in residential end user in the coming years.

Geography - Segment Analysis

Europe dominated the fiber cement siding market with a share of more than 37%, followed by North America and APAC. Stringent building regulation regarding the green building, adoption of advanced and innovative materials in construction activities, and growth in construction sector; are the prime factors contributing in the demand growth in Europe region. According to European Construction Industry Federation, construction output in Total EU was valued at $1.68 trillion in 2018 which has grown with more than 2% of CAGR from last five years. Germany and UK are the major market with the share of 25% and 14% respectively in total EU construction industry in 2018.

Drivers – Fiber Cement Siding Market

·         Growing residential and commercial construction activities

Growth in construction sector along with advancement is the primary factor boosting the demand of fiber cement siding market. APAC region offers a huge growth potential for construction sector due to presence of major developing nations, rising disposable income of middle class, and standard of living. Construction market in APAC region is growing with exponential growth rate which will further support the demand of fiber cement siding market. According to IndustryARC expert insights, APAC construction market is estimated to grow with more than 6% of CAGR in next few years due to huge investment by private and public players, growing population, rising disposable income, and standard of living.

·         Implementation of Stringent Green Building Norms

Governments globally are focusing on implementation of green building initiatives in accordance with standards; and fiber cement siding help in the reduction of heat transfer and also give aesthetic appearance. Because of its high durability and low maintenance costs compared to wood and other siding, fiber cement is gaining rapid popularity in both the commercial and residential sectors. Fiber cement helps to make buildings energy efficient because electricity consumption can be reduced by insulation.

Challenges – Fiber Cement Siding Market

·         Availability of substitutes including vinyl and wood siding

The shift towards alternative products such as vinyl and wood siding in the developed and developing nations would hamper the growth of the fiber cement siding market over the forecast timeframe. Fiber cement siding required skilled manpower to install and high installation cost as compare to wood and vinyl siding may further hamper the growth of the market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the fiber cement siding market. In 2019, the market of fiber cement siding has been consolidated by the top five players accounting for xx% of the share. Major players in the Fiber Cement Siding Market are WB Construction Services Inc., Allura USA, James Hardie Industries Ltd., GAF Material Corporation, Cembrit, Equitone, Maxitile, Hekim Yapi, Nichiha USA Inc., Evonik Industries AG, among others.

Acquisitions/Technology Launches

  • In 2014, Elementia, a Mexican consortium which business includes manufacturing of the fiber cement roofing and siding products, has acquired CertainTeed Corporation's fiber cement division, one of the major construction materials manufacturers in the United States.
  • In 2014, Saint-Gobain has sold its US based fiber cement siding business to Plycem USA Inc., a subsidiary of Elementia SA de CV of Mexico.
  • In 2016, Elementia, S.A.B. de C.V. has completed acquisition of Giant Cement Holding, Inc. from Cementos Portland Valderrivas, S.A. (“CPV”) for US$220 million.

1. Fiber Cement Siding Market - Overview
        1.1 Definitions and Scope
2. Fiber Cement Siding Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Fiber Cement Siding Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Fiber Cement Siding Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Fiber Cement Siding Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Fiber Cement Siding Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Fiber Cement Siding Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Fiber Cement Siding Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Shingle Fiber Cement Siding
            8.3.2 Sheet Form Fiber Cement Siding
            8.3.3 Lap Siding Fiber Cement Siding
            8.3.4 Stucco Or Brick Fiber Cement Siding
9. Fiber Cement Siding Market - By End-User (Market Size -$Million / $Billion)
  9.1 Residential
9.2 Commercial
10. Fiber Cement Siding - By Application (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Fiber Cement Siding- By Geography (Market Size -$Million / $Billion)
        11.1 Fiber Cement Siding Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Fiber Cement Siding- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Fiber Cement Siding- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Fiber Cement Siding - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong Kong
                  11.8.5.9 Rest of APAC
        11.9 Fiber Cement Siding - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Fiber Cement Siding Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Fiber Cement Siding Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Fiber Cement Siding Market - Key Company List by Country Premium
15. Fiber Cement Siding Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Allura
        15.3 Cembrit
        15.4 Equitone
        15.5 Evonik Industry Ag
        15.6 Gaf Material Corporation
        15.7 Hekim Yapi
        15.8 James Hardie Industry Ltd
        15.9 Maxitile
        15.10 Nichiha USA Inc
        15.11 Wb Construction Service Inc
        15.12 Company 11
        15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Fiber Cement Siding Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Fiber Cement Siding Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

List of Tables

1 US Fiber Cement Siding Market Size 2018
2 Canada Fiber Cement Siding Market Share 2018
3 Brazil Fiber Cement Siding Market Outlook 2019 - 2023
4 Mexico Fiber Cement Siding Market Research 2018
5 Germany Fiber Cement Siding Market Trends 2019 - 2023 
6 France Fiber Cement Siding Market Growth 2019 - 2023 
7 UK Fiber Cement Siding Market Demand 2019 - 2023 
8 Italy Fiber Cement Siding Market Segmentation 2018
9 Russia Fiber Cement Siding Market Analysis 2019 - 2023
10 China Fiber Cement Siding Market Revenue 2019 - 2023
11 Japan Fiber Cement Siding Market Volume 2019 - 2023
12 South Korea Fiber Cement Siding Market Potential 2019 - 2023
13 India Fiber Cement Siding Market Leaders 2018
14 Saudi Arabia Fiber Cement Siding Market Forecast 2019 - 2023 
15 Kuwait Fiber Cement Siding Market Value 2018

List of Figures

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